Which IPO Are You Applying for This Week

1️. Indo-MIM Ltd. (Mainboard)

  • Issue Opens: 23 July 2026

  • Issue Closes: 27 July 2026

  • Issue Size: ₹3,812.11 crore

  • Price Band: ₹461–₹485 per share

  • Lot Size: 30 shares

  • Minimum Investment: ₹14,550 (1 lot at upper price band)

  • Subscription Status: Subscription data will be updated after the IPO opens.

About the company:
Indo-MIM is one of India’s leading precision engineering companies specialising in Metal Injection Moulding (MIM) technology. It manufactures high-performance components for industries such as automotive, aerospace, healthcare, consumer products, and industrial engineering, serving customers across domestic and international markets.

2️. Lohia Corp Ltd. (Mainboard)

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  • Issue Opens: 23 July 2026

  • Issue Closes: 27 July 2026

  • Issue Size: ₹1,102.08 crore

  • Price Band: ₹404–₹425 per share

  • Lot Size: 35 shares

  • Minimum Investment: ₹14,875 (1 lot at upper price band)

  • Subscription Status: Subscription data will be updated after the IPO opens.

About the company:
Lohia Corp is among the world’s leading manufacturers of machinery used to produce woven polypropylene packaging products. With exports to multiple countries, the company benefits from growing global demand for packaging machinery and industrial automation.

3️. Xtranet Technologies Ltd. (Mainboard)

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  • Issue Opens: 23 July 2026

  • Issue Closes: 27 July 2026

  • Issue Size: ₹166.8 crore

  • Price Band: ₹120–₹127 per share

  • Lot Size: 110 shares

  • Minimum Investment: ₹13,970 (1 lot at upper price band)

  • Subscription Status: Subscription data will be updated after the IPO opens.

About the company:
Xtranet Technologies provides enterprise IT services, cloud solutions, software development, and digital transformation services to businesses.

The company aims to capitalise on the increasing adoption of digital technologies across industries.

Note: As per me, you can take all the detailed information from the Chittorgarh site.

Before You Apply

Don’t apply to an IPO just because of the Grey Market Premium (GMP).

Evaluate the company’s financial performance, valuation, competitive position, business model, and long-term growth prospects before making your investment decision.

Which IPO are you planning to apply for this week?
  • Indo - MIM Ltd.
  • Lohia Corp Ltd.
  • Xtranet Technologies Ltd.
  • None - I’ll wait for the next opportunity.
0 voters

Share your choice in the comments!

I am not applying to any this week because I am new to trading. Which one is better for long-term Indo-MIM or Lohia Corp?

Indo-MIM is generally considered stronger for the long term because it makes high-tech precision metal parts for global companies in aerospace, defense, and healthcare. Lohia Corp is also strong in its packaging-machinery market, but it is a 100% Offer for Sale (OFS)-meaning all the IPO money goes to existing owners, not to growing the business.

  • Growth Sectors: Indo-MIM serves aerospace, healthcare, automotive, and defense industries.
  • Technology Edge: Its MIM technology creates a strong competitive advantage.
  • Global Customers: International presence supports long-term growth opportunities.
  • India Manufacturing Theme: Benefits from global companies shifting supply chains to India.
  • Future Demand: Precision components are crucial for EVs, medical devices, and aerospace.
  • Lohia Corp Dependency: Growth depends more on industrial machinery and packaging cycles.
  • IPO Fund Usage: Indo-MIM’s fresh issue can support expansion, while Lohia Corp’s OFS benefits existing shareholders.
  • High Entry Barrier: Advanced manufacturing expertise makes competition difficult.
  • Diversified Business: Multiple industries reduce sector-specific risks.
  • Long-Term Potential: Indo-MIM offers a technology-driven growth story for investors.
1 Like

@AakeebTrades

I like Indo-MIM Ltd. because of their technology work. But I am waiting to see if big investors buy it before I put my money in.

@Sandeep_Sharma

Smart move! Checking institutional subscription (QIB) on Day 2 or 3 is a great strategy. Big investors have entire teams analysing company books, so high QIB demand gives beginners a much safer sign before putting money in.

1 Like

@AakeebTrades

I am watching Indo-MIM. Do you think the share price is cheap or expensive?

@Keerthana

At ₹461–₹485, it is priced reasonably compared to international peers in precision tech. Given their steady profit growth (over ₹500 crore in net profit) and global leadership in Metal Injection Moulding, many view the valuation as fair rather than overpriced.

1 Like

I am new and my budget is small. I will skip this week and save my money for the next good opportunity!

@Keerthana
Protecting your capital is the #1 rule in trading! If your budget is tight, it’s always better to wait for a high-conviction deal rather than risking money on an issue just because of hype.

Indo-MIM IPO Final Day: Subscription Status, Allotment & Listing Timeline

Indo-MIM Limited’s ₹3,811.21 crore IPO closes for subscription today, July 27, with strong demand building across investor categories heading into the final day.

What Happened?

  • Indo-MIM Limited’s IPO is set to close for subscription on July 27.

  • The company is a Bengaluru-based precision engineering components manufacturer.

  • As of Day 2, the IPO was subscribed 3.07 times overall.

  • Non-Institutional Investors (NIIs) showed the strongest demand with 8.44x subscription.

  • Retail Investors subscribed 1.89x.

  • Qualified Institutional Buyers (QIBs) subscribed 1.11x.

What Is This IPO About?

Indo-MIM’s ₹3,811.21 crore offer is a mix of a fresh issue of shares worth up to ₹500 crore and an offer-for-sale of ₹3,311.21 crore by existing shareholders. The price band is set at ₹461 to ₹485 per share, with a lot size of 30 shares. Funds from the fresh issue are earmarked for repaying borrowings and general corporate purposes.

Who Could Be Affected?

This is particularly relevant for:

  • Applicants awaiting allotment status

  • Investors tracking manufacturing and precision engineering sector IPOs

  • Traders watching listing-day price action

What Happens Next?

  • Allotment status is expected to be finalised on July 28

  • Shares are scheduled to list on the NSE and BSE on July 30

  • Applicants can check allotment status via the NSE portal or the registrar, MUFG Intime India, using PAN or application number

What Should Investors Watch?

If you’re tracking this IPO, keep an eye on:

  • Final Day 3 subscription numbers

  • Grey market trends ahead of listing

  • Allotment confirmation on July 28

  • Listing-day price movement on July 30

Final Thoughts

The Indo-MIM IPO’s strong non-institutional demand reflects investor interest in the precision manufacturing space. As always, allotment isn’t guaranteed even in an oversubscribed issue, so applicants should track official sources for status updates rather than relying on informal channels.

Poll

Are you tracking the Indo-MIM IPO for allotment?
  • Yes, I’ve applied
  • Watching for listing-day performance
  • Not tracking this one
0 voters